# PPP loan: SUMNERONE INC
> **$5.18M** approved 04/09/2020 · Paid in Full · Loan `1077857103`
## Borrower
- **Name:** SUMNERONE INC
- **Address:** 6717 Waldemar Ave, SAINT LOUIS, MO, 63139-3533
- **NAICS:** 423420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.18M
- **Initial approval:** $5.18M
- **Forgiven:** $5.25M (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.69M
- **Rent:** $353K
- **Utilities:** $61K
- **Debt interest:** $76K
- **Jobs reported:** 341
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*